There were two anti-US firebrands, Iran and Venezuela who are making the most noise, and they were saying that the weaker US dollar is to blame for the record high oil prices. Currently oil export earnings are denominated in US dollars. And that's o...
Rising prices could cause cheap imports from China to become more expensive and this comes as Chinas commerce ministry admits that a slowdown in the US could spark a drop in Chinese exports and mark a turning point for Chinas economic growth. Shoppe...
Scripts: This was yesterday after stocks looked like they were ganna rally at the beginning, there was some barginning hunting... at the begining and then those sub-prime mortgage worries kicked in once again, we seem to be in, in a bit of a perfect...
Scripts: We were invited to open up a store there. We did very well. And then all of a sudden it was reported by a local blogger that perhaps we were being disrespectful of the history and culture of China. And I think for us as soon as that occured...
Scripts: What do we think Ben Bernanke is going to say today and how closely will the market be listening? First of all, the market is going to listen very carefully, and secondly, we have to compare what Bernanke is going to say when compared to th...
Scripts: Writing was on the wall for Chuck Prince wasn't it? Writing was on the wall for Chuck prince not just related to the sub-prime crisis and the additional four maybe eight billion of asset write-downs we will see in the fourth quarter or quar...
Scripts: The first official drive of a hydrogen fuel cell car in china. G.M boss Rick Wagoner telling CNN his company's ultimate financial viability depends on taking a lead in alternative fuel technology. I wouldnt want to try to be the, the you kn...
I think that's an inevitable process which is going to continue so long as the Asian economies in particular continue to grow up rapidly. The biggest marginal contributer to rise in oil demand, that of course in the past 5 years has been China. I th...
Where did it all start to go wrong for Ericsson ? Well I think it's important to understand the, the overall development here at the market place. It's, It's we see no change in that. We have fairly few full networks in the world, increasing traffic...
Scripts: We seem to have a deep rooted fear in the market right now, concerning whether the US economy is on the skids and we saw an emergency of rate cut for the, from the Fed about a month ago, and again we saw a retail Fed cut about a week and a...
